|
BahnCard
BahnCard (German ''Bahn'' – Rail) is a discount Subscription business model, subscription programme offered by Deutsche Bahn (DB), the Germany, German national railway company. Unlike airline loyalty programs, but similarly to the UK Concessionary fares on the British railway network, Railcard, the BahnCard entitles the passenger to a discount price and must be purchased prior to travel. The BahnCard is offered in a non-business and a business version called ''BahnCard Business''. Non-business BahnCard contracts are automatically renewed each year, unless they are cancelled with sufficient notice. Three variants of BahnCard are sold by Deutsche Bahn: The BahnCard 25, the BahnCard 50, and the BahnCard 100. The first two variants allow passengers to get 25% and 50% discount respectively on standard long-distance rail fares, while the Mobility BahnCard 100 is a type of season ticket, annual ticket that allows free unlimited travel on most of the German railway network for a flat rate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BahnCard 50 - 2015-16
BahnCard (German ''Bahn'' – Rail) is a discount subscription programme offered by Deutsche Bahn (DB), the German national railway company. Unlike airline loyalty programs, but similarly to the UK Railcard, the BahnCard entitles the passenger to a discount price and must be purchased prior to travel. The BahnCard is offered in a non-business and a business version called ''BahnCard Business''. Non-business BahnCard contracts are automatically renewed each year, unless they are cancelled with sufficient notice. Three variants of BahnCard are sold by Deutsche Bahn: The BahnCard 25, the BahnCard 50, and the BahnCard 100. The first two variants allow passengers to get 25% and 50% discount respectively on standard long-distance rail fares, while the Mobility BahnCard 100 is a type of annual ticket that allows free unlimited travel on most of the German railway network for a fixed price. The (non-business) BahnCard 25/50 are valid for one year and can only be purchased by subscripti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deutsche Bahn
(, ; abbreviated as DB or DB AG ) is the national railway company of Germany, and a state-owned enterprise under the control of the German government. Headquartered in the Bahntower in Berlin, it is a joint-stock company ( AG). DB was founded after the merger between Deutsche Bundesbahn and the East German Deutsche Reichsbahn in 1994 after the unification of Germany and has been operating ever since. is the second-largest transport company in Germany, after the German postal and logistics company / DHL. DB provides both long-distance and regional transport, serving around 132 million long distance passengers and 1.6 billion regional passengers in 2022. In 2022, DB transported 222 million tons of cargo. Company profile The group is divided into several companies, including '' DB Fernverkehr'' (long-distance passenger), '' DB Regio'' (local passenger services) and '' DB Cargo'' (rail freight). The Group subsidiary '' DB InfraGO'' also operates large parts of the German ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Franz-Josef Wuermeling
Franz-Josef Wuermeling (8 November 1900 – 7 March 1986) was a West German CDU politician and minister who served as Federal Minister for Family Affairs from 1953 to 1962. Early life and education Wuermeling was born in Charlottenburg, Berlin in 1900. His father, Bernhard, worked at the Reichsamt des Innern and the Reichsarbeitsamt, the Ministry of the Interior and the Ministry of Labour in the German Empire. Wuermeling attended school in Berlin and studied law and economics at Münster University, Hamburg University and Freiburg University. He served in the German Navy in the First World War. Political career Wuermeling was the mayor of Linz for a year in 1945 before being elected to the Rhineland Landtag (Parliament) where he served as a Secretary in the State Ministry of the Interior from 1947 to 1949. In the 1949 German federal election, Wuermeling was elected to the West German Bundestag. Adenauer cabinet After the 1953 election, Wuermeling was appointed the fir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flat Rate
A flat fee, also referred to as a flat rate or a linear rate refers to a pricing structure that charges a single fixed fee for a service, regardless of usage. Less commonly, the term may refer to a rate that does not vary with usage or time of use. Advantages * A business can develop a dependable stance in a market, as consumers have a well-rounded price before the service is undertaken. For instance, a technician may charge $150 for his labor. * Potential costs can be covered. The service may result in inevitable expenses like the parts needed to fix the issue or the items required to complete the order. * No restricted structure is needed, as the pricing system can be adjusted to suit the business using it. Management can thus work out the pricing that best matches the company's objectives, efforts, costs, etc. Disadvantages * The fixed pricing restricts the company's capability to meet the needs of individual consumers, and people search for cheaper alternatives. * Pricin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subscription Business Model
The subscription business model is a business model in which a customer must pay a recurring price at regular intervals for access to a product or service. The model was pioneered by publishers of books and periodicals in the 17th century. It is particularly common now for digital products, which lend themselves more naturally toward a subscription model. Subscriptions can be a more convenient, hassle-free transaction for consumers. However, due to inertia among some consumers, they may inadvertently pay for subscriptions that they no longer value because they do not realize that they are subscribed. Subscriptions Rather than selling products individually, a subscription offers periodic (daily, weekly, bi-weekly, monthly, semi-annual, yearly/annual, or seasonal) use or access to a product or service, or, in the case of performance-oriented organizations such as opera companies, tickets to the entire run of some set number of (e.g., five to fifteen) scheduled performances fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
InterCityExpress
Intercity Express (commonly known as ICE () and running under this category) is a high-speed rail system in Germany. It also serves destinations in Austria, France, Belgium, Switzerland and the Netherlands as part of cross-border services. It is the flagship of the German state railway, Deutsche Bahn. ICE fares are fixed for station-to-station connections, on the grounds that the trains have a higher level of comfort. Travelling at speeds up to within Germany and when in France, they are aimed at business travellers and long-distance commuters and marketed by Deutsche Bahn as an alternative to flights. The ICE 3 also has been the development base for the Siemens Velaro family of trainsets which has subsequently been exported to RENFE in Spain ( AVE Class 103), which are certified to run at speeds up to , as well as versions ordered by China for the Beijing–Tianjin intercity railway link ( CRH 3) and by Russia for the Moscow–Saint Petersburg and Moscow–Nizhny Novgorod ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gift Voucher
A gift card, also known as a gift certificate in North America, or gift voucher or gift token in the UK, is a prepaid stored-value money card, usually issued by a retailer or bank, to be used as an alternative to cash for purchases within a particular store or related businesses. Gift cards are also given out by employers or organizations as rewards or gifts. They may also be distributed by retailers and marketers as part of a promotion strategy, to entice the recipient to come in or return to the store, and at times such cards are called cash cards. Gift cards are generally redeemable only for purchases at the relevant retail premises and cannot be cashed out, and in some situations may be subject to an expiry date or fees. American Express, MasterCard, and Visa offer generic gift cards which need not be redeemed at particular stores, and which are widely used for cashback marketing strategies. A feature of these cards is that they are generally anonymous and are disposed of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
High-speed Rail
High-speed rail (HSR) is a type of rail transport network utilising trains that run significantly faster than those of traditional rail, using an integrated system of specialised rolling stock and dedicated railway track, tracks. While there is no single definition or standard that applies worldwide, lines built to handle speeds of at least or upgraded lines of at least are generally considered to be high-speed. The first high-speed rail system, the Tōkaidō Shinkansen, began operations in Honshu, Japan, in 1964. Due to the streamlined spitzer (bullet), spitzer-shaped nose cone of the 0 Series Shinkansen, trains, the system also became known by its English nickname bullet train. Japan's example was followed by several European countries, initially in High-speed rail in Italy, Italy with the Florence–Rome high-speed railway, Direttissima line, followed shortly thereafter by High-speed rail in France, France, High-speed rail in Germany, Germany, and High-speed rail in Spain, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sunk Cost
In economics and business decision-making, a sunk cost (also known as retrospective cost) is a cost that has already been incurred and cannot be recovered. Sunk costs are contrasted with '' prospective costs'', which are future costs that may be avoided if action is taken. In other words, a sunk cost is a sum paid in the past that is no longer relevant to decisions about the future. Even though economists argue that sunk costs are no longer relevant to future rational decision-making, people in everyday life often take previous expenditures in situations, such as repairing a car or house, into their future decisions regarding those properties. Bygones principle According to classical economics and standard microeconomic theory, only prospective (future) costs are relevant to a rational decision. At any moment in time, the best thing to do depends only on ''current'' alternatives. The only things that matter are the ''future'' consequences. Past mistakes are irrelevant. Any cos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citibank
Citibank, N.A. ("N. A." stands for "National bank (United States), National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation, multinational corporation. Citibank was founded in 1812 as City Bank of New York, and later became First National City Bank of New York. The bank has branch (banking), branches in 19 countries. The U.S. branches are concentrated in six metropolitan areas: New York City, Chicago, Los Angeles, San Francisco, Washington, D.C., and Miami. As of 2023, Citibank is the third-largest bank in the United States in terms of assets. History Founding 19th century The City Bank of New York was founded on June 16, 1812. The first president of the City Bank was the statesman and retired Colonel, Samuel Osgood. After Osgood's death in August 1813, William Few became President of the bank, staying until 1817, followed by Peter Stagg (1817–1825), Thomas Smith (1825–1827), Isaac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
